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What about Bitcoin... :)

  • #81
  • Feb 6, 2019 12:55am Feb 6, 2019 12:55am
Quoting michaelpelly
Realistically (no fun this time). There are 2 people I actually know that made money on bitcoin - they bought it for fun back in 2013 for like 10$ per coin or something. And they actually invested throw-away fun money (like 100-150$). One of them sold at around 100$ per coin, the other actually forgot for a while and then suddenly looked at the price and immediately sold around 250$ per coin. Yeah - they maid some money out of this - couple thousand dollars, but considering that those money were way less what they actually earned by working (well...
Hey Mike, we saw people on telly buying luxury houses for bitcoin ...houses are real! facts are facts, alright!
Member
  • #82
  • Feb 6, 2019 1:08am Feb 6, 2019 1:08am
Quoting TMR
Bitcoin is a better long-term store of value than gold and fiat currencies. The long-term reward is worth the risk for me. {image}
Bitcoin is a better store of value than gold????!!! Gold has been around for thousands of years and can be swapped for any currency anywhere in the world. BitCoin is just some bits on computers and not backed by anything tangible. It's a neat idea and the technology is cool but its a huge bubble that has partially popped and will continue to go down.
  • #83
  • Feb 6, 2019 1:34am Feb 6, 2019 1:34am
Quoting michaelpelly
{quote} Heh :-) - Define smart money in crypto - Yes - there is pain and I feel it everywhere I know people that touched crypto currencies:-) - Oh, there are rules in Bitcoin already?! It matured to a point that already have theories!? :-) Come on :-). I’m not laughing only out of respect cause you also probably HODL! some sweaty encrypted files :-).
Love that: "some sweaty encrypted files"
Member
  • #84
  • Feb 6, 2019 11:38pm Feb 6, 2019 11:38pm
Quoting thomas101
{quote} Bitcoin is a better store of value than gold????!!! Gold has been around for thousands of years and can be swapped for any currency anywhere in the world. BitCoin is just some bits on computers and not backed by anything tangible. It's a neat idea and the technology is cool but its a huge bubble that has partially popped and will continue to go down.
Last couple weeks it is not moving at all. Maybe it needs a CPR revival from couple hundred thousand new dreamers and believers :-).
  • #85
  • Feb 6, 2019 11:50pm Feb 6, 2019 11:50pm
Quoting michaelpelly
{quote} Last couple weeks it is not moving at all. Maybe it needs a CPR revival from couple hundred thousand new dreamers and believers :-).
Or a couple large institutional investors.
Money = Labour coupons
  • #86
  • Feb 7, 2019 12:02am Feb 7, 2019 12:02am
Maybe some years ago, when BTC price was pumping, some people managed to get the profit of it. But now there is another situation in the crypto world. It is very difficult now to keep coins, not to succumb to panic and sell all the coins you have. I think the best thing is to HODL for some period, maybe a year or two. Because my opinion is that during this period cyptocurrency will slowly recover.
  • #87
  • Feb 7, 2019 12:06am Feb 7, 2019 12:06am
Quoting TMR
{quote} Or a couple large institutional investors.
Yes. I guess we gonna find these somewhere in the dusty pockets of the worldwide risk-off sentiment.

For 5 years Gold can’t reach back the 1900$ mark again. It will probably reach it - somewhere in the next 5-10 years. But 15 years is half of a man’s real productive life - is it worth?
  • #88
  • Edited 1:22am Feb 7, 2019 12:13am | Edited 1:22am
Quoting TMR
{quote} Or a couple large institutional investors.
Come on, the rich don't play with their money!
Institutionals are mostly conservative with the big part of their portfolio.
Bitcoin is still perceived as a highly risky asset for them.
Bitcoin is actually dead ...in barb induced coma now, lagging on the bottom area of the mining minimal rentability.
It's only the small people and the little retail speculators who dream big and believe in miracles.
Member
  • #89
  • Feb 7, 2019 2:46am Feb 7, 2019 2:46am
This is a case that hasn't been missed by anyone. because it is very unreasonable.
  • #90
  • Feb 8, 2019 5:20am Feb 8, 2019 5:20am
Quoting TMR
{quote} Or a couple large institutional investors.
There's a smart fellow!!



TMR, not sure why i ignored u....
Do you want to join us in a REAL DISCUSSION THREAD .

And yes, just today found news about Fidelity.

Beware of robber banks (RB), bad advisors.
  • #91
  • Feb 8, 2019 5:23am Feb 8, 2019 5:23am
Quoting thomas101
{quote} Bitcoin is a better store of value than gold????!!!
Gold has been around for thousands of years and can be swapped for any currency anywhere in the world.... continue to go down.

Riiiiiiiiight .

There's a news for u
Read here
https://www.forexfactory.com/showthr...6#post11957946
And next below.

Then tell me how usefull gold is

Bye.
Beware of robber banks (RB), bad advisors.
  • #92
  • Feb 10, 2019 5:42pm Feb 10, 2019 5:42pm
Quoting thomas101
{quote} Bitcoin is a better store of value than gold????!!! Gold has been around for thousands of years and can be swapped for any currency anywhere in the world. BitCoin is just some bits on computers and not backed by anything tangible. It's a neat idea and the technology is cool but its a huge bubble that has partially popped and will continue to go down.

Could you tell us what the USD, EUR and any other form of fiat are backed by?
  • #93
  • Feb 10, 2019 11:54pm Feb 10, 2019 11:54pm
Quoting LongBTC
{quote} Could you tell us what the USD, EUR and any other form of fiat are backed by?
Sure. Real economy.
Member
  • #94
  • Feb 11, 2019 12:16am Feb 11, 2019 12:16am
Quoting Not-KPMG
{quote} There's a smart fellow!! TMR, not sure why i ignored u.... Do you want to join us in a REAL DISCUSSION THREAD . And yes, just today found news about Fidelity.
Quoting TMR
{quote} Or a couple large institutional investors.
Obviously, HERE is a REAL disscution!
On Not-K's thread is impossible to have a discussion, because he ignores the ones with different opinions than his.
...childish !

He owns a sect who cries out only about the wonders of the crypto!
At Not's there is not a discussion, there is just an obsessive crypto apology !

...but if anyone interested in crypto Ponzi assets, it's OK, go for it!

(he is not sure why he had ignored you?! ...how much hypocrisy you can take from a proved scam?
Member
  • #95
  • Edited 1:24am Feb 11, 2019 12:23am | Edited 1:24am
The big investors were making real big money by speculating bitcoin!
They were luring naive dumb greedy (people's) money (see accumulation), then they dump the volatile asset (any crypto), stealing people's money!

Simple as that! It's over there, see the bitcoin chart! (the trick is hidden ...but if you zoom out like W1 )
They are robbers, for God's sake!

Now bitcoin lies in coma.
Even for the big private investors or institutional investors is an inacceptable high risk asset now
Attached Image (click to enlarge)
Click to Enlarge Name: ZHART.png Size: 30 KB
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  • #96
  • Feb 11, 2019 5:30pm Feb 11, 2019 5:30pm
Quoting TudorIoan
The big investors were making.. ..aive dumb greedy (people's) money (see accumulation), then they dump the... stealing people's money! Simple as that! It's over there, see the bitcoin chart! (the trick is hidden ...but if you zoom out like W1... ) They are robbers, for God's sake! Now bitcoin lies in coma.... }

Wow......W1.... Wow that must be it
I wanna what you're smoking T

Here's a link to a Wall Street lies and confusion, that in 2014 put a chart like your sad red daub.😭😭😭

They did better job than you

https://www.wallstreetdaily.com/2014/02/27/bitcoin-2/
See, June 2014 bitcoin hit zero, now must be NEGATIVE what.... $7000 negative??? 🙊🙊🙊😨😨😨
Why don't you draw THAT on a chart, fold it, put in your pipe and smoke it??
😂😂😂😱😂😂🙉👍👍👍😀😂😀😂

Ooops , draw that trendline ???
51% down ehhh??!!

Wasn't bitcoin $3650 today ???💰💰💰

Whaaaaaaaaaaaaaaaaaat 😂😂😂😂😂😱😱😱
Attached Image
Beware of robber banks (RB), bad advisors.
  • #97
  • Feb 11, 2019 11:17pm Feb 11, 2019 11:17pm
Quoting TudorIoan
{quote} Sure. Real economy.
Worthless numbers made up by the central banks, the time your fiat currency was backed up by the real economy has sadly passed us a long time ago.
  • #98
  • Feb 12, 2019 12:01am Feb 12, 2019 12:01am
Quoting Not-KPMG
{quote} Wow......W1.... Wow that must be it {image}
Quoting LongBTC
{quote} Worthless numbers made up by the central banks, the time your fiat currency was backed up by the real economy has sadly passed us a long time ago.
Good luck with your video game coin, speculators! ...but people will never join your crypto scam again, ...so, losers!
Member
  • #99
  • Feb 12, 2019 12:26am Feb 12, 2019 12:26am
Quoting LongBTC
{quote} Worthless numbers made up by the central banks, the time your fiat currency was backed up by the real economy has sadly passed us a long time ago.
It's not about numbers, it's about how the free market economy is working.

No financial institutions (authority) control means total chaos!
Leads to monopolistic behaviour, crime, illegal stuff trade, ...perfect background for tribal oligarchs to lead a hellish world

Your attitude is typical to ignorants and conspiration addicts, illiterate freaks.
...I hope you're just a payed influencer, or anti-system punk, or sort of a Marxist freak, or a hater against the rich people, (like Not-K)
...that's for the sake of your reputation, otherwise you're just stupid.... just anti-autority teen stuff
Member
  • #100
  • Feb 12, 2019 2:04am Feb 12, 2019 2:04am
Quoting Not-KPMG
{quote} Wow......W1.... Wow that must be it {image}
You repeat same bullshit on and on and on, same fallacious arguments, same bad stupid examples,
No lies and no confusion here duddy, bitcoin looks like shit, smells like shit, acts like shit, chart moves like shit, perspective is like shit!
You don't even realise that people like you can harm badly the bitcoin promoting it when it looks like hell
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